Economics - Business Study Notes

The economics / economy is a social science that studies the processes of extraction, production, exchange, distribution and consumption of goods and services . In a figurative sense, economics means rule and moderation of expenditure and saving.

The science of economics tries to explain the functioning of economics system and relations with economics agent (companies or individuals), reflecting on the problems and proposing solutions.

Thus the investigation of major economics problems and decision-making is based on four fundamental questions about production: What to produce ? When to produce ? How much to produce ? For whom to produce?

Internal Exchange Rates Definition

In our globalized 21st century, large price disparities still survive within the same economy: domestic exchange rates. In this article we analyze what they are and how they affect us. In recent decades, the process of economic globalization that the world has experienced, especially in terms of the internationalization of production processes and the liberalization of the movement of people, capital and goods, has intensified the interdependence of national economies. However, there are still large differences in the cost of the same products from one country to another that cannot be explained exclusively by the different value of their currencies: these are internal exchange rates.

How to Grow Your Business ? When starting a business you should look for ways to reduce the initial investment, which is totally valid if you consider that the vast majority of entrepreneurs start with very limited resources and must manage them in a measured manner. Business Study Notes offers 11 ways to grow business. So instead of wasting your time in asking how to grow your business? move forward to read this 11 areas of investment.

Theories of Inflation or inflation theories That Prove Its Existence:- Inflation is already here. We commented a few days ago following the publication by the INE of the Consumer Price Index (CPI) for the month of December. This indicator corroborated the increase in prices of the last months and placed inflation at 1.6%, nine tenths more than in November.

Productivity is an economic measure that calculates how many goods and services have been produced by each factor used (worker, capital, time, costs, etc.) in their obtaining in a given period of time.

Capital Formation Definition & Importance:- The term which is used to describe the net capital is known as capital formation in the business world. The production activity of an economy requires investing, that is, allocating a portion of production as capital dedicated to the production of new goods and services.

Goods in Economics | Definition and Types:- In economics , the concept of property refers to those physical elements that somehow satisfy human needs. There is a wide typology of goods according to their characteristics, and to speak of them we must sort them by categories. Therefore, we have goods according to their degree of scarcity, their function, their degree of transformation, the ease of access to them or their relationship with income.

Difference between Gross and Net Amount:- It is very common to hear the terms of gross and net , both when it comes to wages, as when we look at the income statement a company or when we say a macroeconomic data. The gross and net measure the same magnitude , but they are different concepts and must know how to distinguish them so that there is no confusion. The two concepts are quantitative expressions used for the calculation of economic magnitudes.

How has the year 2016 been for the World Economy? Large economic changes occurred in 2016, such as central bank monetary policies and the rise in raw materials (mainly oil). There have also been major political changes that have affected markets. Just two days after the end of the year we analyze the great economic changes that have taken place this year.

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